The company announced in a blog post that Facebook Pay will be introduced on Facebook and Messenger this week in the USA for fundraisers, in-game purchases, event tickets and person-to-person payments on Messenger. The payment service will be rolling out to Facebook and Messenger users in the U.S. starting this week.
Once you've finished those easy steps, you can use Facebook Pay to send money directly to your friends and family, donate to charities, fundraisers or other social causes, and purchase items on "select" Facebook Marketplace Pages and businesses.
The users can add a PIN or use device biometrics, such as touch or face ID recognition, for an extra layer of security when sending money or making a payment.
To start using Facebook Pay, go to the Facebook app's (or Messenger's) Settings and find the new Facebook Pay entry, then add a payment method. Although no specific time table was provided, the company said the integration of Facebook Pay into WhatsApp and Instagram are coming over time, before spreading out to more people and places.
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Facebook is rolling out Facebook Pay to its core social network and Messenger in the US beginning this week, with plans to bring it to Instagram and WhatsApp down the line as well. However, Facebook Pay purchases can influence ads - be warned if you hate seeing pitches for products just because you once bought something vaguely related. The service also promises real-time customer support via live chat.
You can set up Facebook Pay app-by-app, or choose to set it up for use across all Facebook apps individually. Instagram and WhatsApp will get the feature later, though the company did not confirm when. Facebook Pay will roll out in the United States for fundraisers, in-game purchases, event tickets, person-to-person payments on Messenger and purchases from select Pages and businesses on the Facebook Marketplace.
Within the announcement, Facebook was careful to note that Facebook Pay is built on top of its pre-existing infrastructure and partnerships, and is a completely separate entity from its upcoming cryptocurrency-based Calibra wallet. The payments will be processed on existing platforms, such as Stripe and PayPal. The data collected will also be used to show targeted advertisements to users.